The league reportedly moved on several key issues in its latest offer. They are now proposing a maximum six-year term limit for contracts, up from five, and a seven-year cap for teams re-signing their own players. The NHL is also proposing a maximum 10% variance in contracts, up from 5% in the old offer.

It’s believed that if all goes well, the season could start on Jan. 19. If things turn sour again, we might lose the 2012-13 campaign entirely.